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Updated about 3 years ago on . Most recent reply

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Marcelle Green
  • Rental Property Investor
  • Houston, TX
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Steps for starting a mobile home park from scratch?

Marcelle Green
  • Rental Property Investor
  • Houston, TX
Posted

I have 2 acres in Livingston Texas that I have had for years. I've just been paying taxes and doing anything with the land. I have recently gotten serious about real estate investing and am working on getting into STR, LTR, and flips, but decided maybe I should start with the land I own. I've been doing some research and am still unsure of the exact steps I need to take.

I went to get a survey done but 2 companies have had trouble finding the deed with the metes and bounds. The warranty deed I have is not what they need. I'm not real clear on why.

Also, I have created my investment business structure but not sure if I should go ahead and transfer the land to the business or not.

Just looking for a little direction. Thanks!

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Mike Reynolds
  • construction
  • Nacogdoches, TX
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Mike Reynolds
  • construction
  • Nacogdoches, TX
Replied
Quote from @Marcelle Green:

I have 2 acres in Livingston Texas that I have had for years. I've just been paying taxes and doing anything with the land. I have recently gotten serious about real estate investing and am working on getting into STR, LTR, and flips, but decided maybe I should start with the land I own. I've been doing some research and am still unsure of the exact steps I need to take.

I went to get a survey done but 2 companies have had trouble finding the deed with the metes and bounds. The warranty deed I have is not what they need. I'm not real clear on why.

Also, I have created my investment business structure but not sure if I should go ahead and transfer the land to the business or not.

Just looking for a little direction. Thanks!


 What is your property zoned right now? I am working with a guy right now trying to get a property zoned for an RV park on Sam Rayburn lake right now. It's do-able but not easy. 

Another issue is water pressure. Rural water companies always seem to be at the upper limit and just squeak by state standards. Parks require water and you may get everything right and signed only to have the water board deny you for reasons unknown to you. That reason will be water pressure though. They have to maintain that and you may set them over the limit. Start with the water first if it's rural. 

  • Mike Reynolds
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